Portfolio Loss definition

Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or (ii) the sale of a loan with the consent of the Receiver as provided in Section 2.7.
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Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or
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Portfolio Loss means (i) as determined for any Quarter or part -------------- thereof ending prior to the occurrence of a Triggering Event, the amount, if any, by which the Closing Class B Share Value for the immediately preceding Quarter exceeds the Closing Class B Share Value for the Quarter, and (ii) as determined for any Quarter or part thereof following the occurrence of a Triggering Event, the amount, if any, by which the Closing Class B Share Value for the immediately preceding Quarter exceeds the Class A Share Value.
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Examples of Portfolio Loss in a sentence

  • The Receiver shall be relieved of its obligations with respect to a Single Family Shared-Loss Loan upon payment of a Foreclosure Loss amount or a Short Sale Loss amount with respect to such Single Family Shared-Loss Loan or upon the sale of a Single Family Shared-Loss Loan by Assuming Bank to a person or entity that is not an Affiliate; provided, however, that if the Receiver consents to the sale of any such Single Family Shared-Loss Loan, any loss on such sale shall be a Portfolio Loss.


More Definitions of Portfolio Loss

Portfolio Loss means a Deemed Loss or a Realized Loss, as the context may require. For the avoidance of doubt, any loss incurred by Buyer (or otherwise deemed to occur) with respect to a CFS Portfolio Financing and Lease Asset in connection with (a) any early termination of such asset at the election of Buyer (i.e., Buyer consents to a non-contractual early termination of a CFS Portfolio Financing and Lease Asset prior to its Scheduled Termination Date as such Scheduled Termination Date exists as of the Initial Closing Date (in the case of a Specified Financing and Lease Asset) or (b) any Roll-up or property replacement or substitution described in Section 1.9(g)(iv) shall not constitute a Portfolio Loss under this Agreement.
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Portfolio Loss means as per an Annual Calculation Date, (i) the sum of the Security Losses of all GA Securities as per that date, excluding any Security Losses (including those incurred as a consequence of a sale of Securities and/or otherwise incurred from (and including) the Voluntary Termination Starting Date) incurred in relation to a mutually agreed, voluntary termination of the IABF Agreement, as referred to in Clause 4.2 (d) thereof. minus (ii) the sum over all GA Securities of the Security Loss of each GA Security from but excluding the GA Calculation Date up to and including the GA Security Entry Date, provided that the outcome of this calculation is positive.
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Portfolio Loss means, with respect to any Monthly Period, the aggregate Receivable Balance of each Receivable that became a Liquidating Receivable during such Monthly Period net of the Liquidation Proceeds (including estimated Liquidation Proceeds) with respect to such Liquidating Receivables.
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Related to Portfolio Loss

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Foreclosure Loss means the loss realized when the Assuming Institution has completed the foreclosure on a Single Family Shared-Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2c(1)-(3).

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Supplier under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Restructured Loan means a Single Family Shared-Loss Loan for which the Assuming Institution has received a Restructuring Loss payment from the Receiver. This applies to owner occupied and investor owned residences.